inflationary
adjective
ECONOMICS uk/ɪnˈfleɪʃənəri/ usrelating to or causing inflation:
Time and again, economists have warned that higher oil prices are inflationary.
inflationary consequences/effect/impact The Bank of England would at once want to raise interest rates to reduce the inflationary impact of a lower pound.
The financial markets took fright at the possibility that inflationary pressure is building up in the economy.
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counterinflationary